Currys (LON:CURY) Given New GBX 215 Price Target at Berenberg Bank

Currys (LON:CURY) had its price target hoisted by Berenberg Bank from GBX 210 to GBX 215 in a report published on Wednesday, MarketBeat.com reports. The firm currently has a buy rating on the stock.

Separately, Citigroup lifted their target price on Currys from GBX 150 to GBX 166 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 170.33.

Currys Price Performance

Shares of Currys stock opened at GBX 135 on Wednesday. The company’s fifty day simple moving average is GBX 128.70 and its two-hundred day simple moving average is GBX 127.48. The company has a quick ratio of 0.29, a current ratio of 0.86 and a debt-to-equity ratio of 45.83. The firm has a market cap of £1.42 billion, a PE ratio of 11.64 and a beta of 1.31. Currys has a 12-month low of GBX 83.95 and a 12-month high of GBX 147.20.

Currys (LON:CURY) last released its quarterly earnings results on Thursday, December 18th. The company reported GBX 1.60 earnings per share for the quarter. Currys had a net margin of 2.38% and a return on equity of 9.53%. As a group, equities analysts expect that Currys will post 9.5199569 EPS for the current year.

Currys News Roundup

Here are the key news stories impacting Currys this week:

• Positive Sentiment: Berenberg raised its price target on Currys from GBX 210 to GBX 215 and kept a “buy” rating — this increases visible upside versus the current market level and is the most direct bullish catalyst for the stock today. Berenberg raise
• Neutral Sentiment: Shore Capital reaffirmed a “no recommendation” stance on Currys, which is a neutral signal that may cap the incremental buy-side momentum from upgrades but doesn’t add fresh downside pressure. Shore Capital no recommendation

Currys Company Profile

Currys plc is a leading omnichannel retailer of technology products and services, operating online and through over 800
stores in 8 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.

In the UK & Ireland we trade as Currys; in the Nordics under the Elkjøp brand and as Kotsovolos in Greece. In each of
these markets we are the market leader, employing 28,000 capable and committed colleagues. Our full range of services
and support makes it easy for our customers to discover, choose, afford and enjoy the right technology for them,
throughout their lives.